Bharti Infratel, just under 80 per cent owned by Bharti Airtel Ltd, said consolidated net profit rose to Rs 472 crore for its fourth quarter ended March.
New Delhi: Indian telecommunications tower operator Bharti Infratel Ltd reported a 64 per cent jump in its quarterly profit, beating estimates on higher revenue from leasing mobile phone masts to phone carriers.
Bharti Infratel, just under 80 per cent owned by top Indian phone carrier Bharti Airtel Ltd, said consolidated net profit rose to Rs 472 crore ($77.5 million) for its fourth quarter ended March, from Rs 287 crore a year earlier.
Revenue rose 4 per cent from a year earlier to Rs 2790 crore.
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